Syz Bank has announced that Nicolas Syz will become its next chief executive officer, with the appointment taking effect on February 1, 2026. He will take over the role from Yvan Gaillard.
Nicolas Syz, a member of the bank's founding family, has worked at the institution for the past nine years. His roles have included business development positions, and he most recently led the wealth management operations.
In a statement, Nicolas Syz outlined his leadership approach. "I believe in leading through proximity, staying close to our clients and to our teams," he said. "Private banking is built on trust, and trust cannot be established at a distance. I will continue to meet personally with our clients, entrepreneurs, families and independent asset managers."
He added, "Our ambition is clear: to be the Swiss private bank of choice. We will achieve this by focusing on what matters most to our clients and providing solutions that support their long-term goals, in a bank where family ownership and client interests are fully aligned."
Following this move, Philippe Turrian will assume the role of sole head of wealth management. He had previously shared responsibility for the division.
Eric Syz will continue as CEO of the broader Syz Group. Commenting on the appointment, he said, "As a member of the next generation, Nicolas is uniquely positioned to lead the Bank through the great intergenerational wealth transfer."
The leadership change was announced as the bank marks its 30th year in business. Reflecting on this milestone, Eric Syz stated, "Entering our fourth decade, we remain committed to wealth management with human care, combining bold innovation with timeless family values and bringing the personal back to private banking."
This CEO announcement follows a series of front-office hires made by the bank in September. James Morton joined the Zurich office as UK lead and senior banker. Patrick Robadey was appointed to the external asset managers unit, also located in Zurich.
In Geneva, Alexander Metzger took on the role of digital assets lead.